Purification of non-halal income in Malaysian Islamic banks: an overview = Penyucian pendapatan tidak-Halal di bank-bank Islam Malaysia: satu tinjauan

Purification of non-halal income in Malaysian Islamic banks: an overview = Penyucian pendapatan tidak-Halal di bank-bank Islam Malaysia: satu tinjauan

Purification of non-halal income (NHI) is the process of deducting non-halal or tainted income deemed unacceptable by Sharʑah from the total income generated in Islamic banks. It is undeniable that Sharʑah non-compliance events still occur in Islamic banking system considering the fact that Islami...

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Main Authors: Mohd Yunus, Saidatolakma, Haneef, Sayed Sikandar Shah, Kamaruddin, Zuraidah, Mahmud, Mek Wok
Format: Article
Language:English
Published: IIUM Press, International Islamic University Malaysia 2017
Subjects:
HG Finance
HG1501 Banking
HG3368 Islamic Banking and Finance
HJ Public Finance
Online Access:http://irep.iium.edu.my/60682/
http://irep.iium.edu.my/60682/
http://irep.iium.edu.my/60682/1/60682_Purification%20of%20non-halal%20income.pdf
id iium-60682
recordtype eprints
spelling iium-606822018-03-21T08:19:06Z http://irep.iium.edu.my/60682/ Purification of non-halal income in Malaysian Islamic banks: an overview = Penyucian pendapatan tidak-Halal di bank-bank Islam Malaysia: satu tinjauan Mohd Yunus, Saidatolakma Haneef, Sayed Sikandar Shah Kamaruddin, Zuraidah Mahmud, Mek Wok HG Finance HG1501 Banking HG3368 Islamic Banking and Finance HJ Public Finance Purification of non-halal income (NHI) is the process of deducting non-halal or tainted income deemed unacceptable by Sharʑah from the total income generated in Islamic banks. It is undeniable that Sharʑah non-compliance events still occur in Islamic banking system considering the fact that Islamic banks have not been able to fully comply with the requirements of Sharʑah in their transactions, operations and financial activities. The realization of Sharʑah non-compliance events in Islamic banks in some situations involve a financial impact which leads to NHI. All NHI identified must be purified since Islam does not allow any non-halal income to be held, kept and utilised for their own benefits. This paper will give a new insight on purification of NHI by first delineates the concept of mal haram in Islam as well as the Sharʑah non-compliant events realized in the banks, with special reference to cases involving Islamic banks in Malaysia. Penyucian pendapatan tidak halal (NHI) adalah proses memisahkan pendapatan tidak halal menurut Syari'ah daripada jumlah keseluruhan pendapatan yang dihasilkan oleh bank Islam. Tidak dapat dinafikan bahawa masih berlaku ketidakpatuhan Syariah dalam sistem perbankan Islam. Ini adalah kerana bank Islam tidak dapat mematuhi sepenuhnya keperluan Syariah dalam transaksi, operasi dan kegiatan kewangan mereka. Kewujudan perkara yang tidak mematuhi Syariah di bank Islam dapat memberi kesan kepada status kewangan yang boleh membawa kepada berlakunya pendapatan haram. Pendapatan tidak halal yang sudah dikenalpasti mesti disucikan kerana Islam tidak membenarkan apa-apa pendapatan tidak halal disimpan dan digunakan untuk faedah mereka sendiri. Kajian ini memberi pandangan baru tentang penyucian pendapatan tidak halal dengan membincangkan konsep harta haram dalam Islam serta perkara-perkara yang tidak patuh syariah yang berlaku di bank-bank Islam di Malaysia. IIUM Press, International Islamic University Malaysia 2017-12-30 Article PeerReviewed application/pdf en http://irep.iium.edu.my/60682/1/60682_Purification%20of%20non-halal%20income.pdf Mohd Yunus, Saidatolakma and Haneef, Sayed Sikandar Shah and Kamaruddin, Zuraidah and Mahmud, Mek Wok (2017) Purification of non-halal income in Malaysian Islamic banks: an overview = Penyucian pendapatan tidak-Halal di bank-bank Islam Malaysia: satu tinjauan. Journal of Islam in Asia, 14 (2). pp. 305-326. ISSN 1823-0970 E-ISSN 2289-8077 http://journals.iium.edu.my/jiasia/index.php/Islam/article/view/616
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic HG Finance
HG1501 Banking
HG3368 Islamic Banking and Finance
HJ Public Finance
spellingShingle HG Finance
HG1501 Banking
HG3368 Islamic Banking and Finance
HJ Public Finance
Mohd Yunus, Saidatolakma
Haneef, Sayed Sikandar Shah
Kamaruddin, Zuraidah
Mahmud, Mek Wok
Purification of non-halal income in Malaysian Islamic banks: an overview = Penyucian pendapatan tidak-Halal di bank-bank Islam Malaysia: satu tinjauan
description Purification of non-halal income (NHI) is the process of deducting non-halal or tainted income deemed unacceptable by Sharʑah from the total income generated in Islamic banks. It is undeniable that Sharʑah non-compliance events still occur in Islamic banking system considering the fact that Islamic banks have not been able to fully comply with the requirements of Sharʑah in their transactions, operations and financial activities. The realization of Sharʑah non-compliance events in Islamic banks in some situations involve a financial impact which leads to NHI. All NHI identified must be purified since Islam does not allow any non-halal income to be held, kept and utilised for their own benefits. This paper will give a new insight on purification of NHI by first delineates the concept of mal haram in Islam as well as the Sharʑah non-compliant events realized in the banks, with special reference to cases involving Islamic banks in Malaysia. Penyucian pendapatan tidak halal (NHI) adalah proses memisahkan pendapatan tidak halal menurut Syari'ah daripada jumlah keseluruhan pendapatan yang dihasilkan oleh bank Islam. Tidak dapat dinafikan bahawa masih berlaku ketidakpatuhan Syariah dalam sistem perbankan Islam. Ini adalah kerana bank Islam tidak dapat mematuhi sepenuhnya keperluan Syariah dalam transaksi, operasi dan kegiatan kewangan mereka. Kewujudan perkara yang tidak mematuhi Syariah di bank Islam dapat memberi kesan kepada status kewangan yang boleh membawa kepada berlakunya pendapatan haram. Pendapatan tidak halal yang sudah dikenalpasti mesti disucikan kerana Islam tidak membenarkan apa-apa pendapatan tidak halal disimpan dan digunakan untuk faedah mereka sendiri. Kajian ini memberi pandangan baru tentang penyucian pendapatan tidak halal dengan membincangkan konsep harta haram dalam Islam serta perkara-perkara yang tidak patuh syariah yang berlaku di bank-bank Islam di Malaysia.
format Article
author Mohd Yunus, Saidatolakma
Haneef, Sayed Sikandar Shah
Kamaruddin, Zuraidah
Mahmud, Mek Wok
author_facet Mohd Yunus, Saidatolakma
Haneef, Sayed Sikandar Shah
Kamaruddin, Zuraidah
Mahmud, Mek Wok
author_sort Mohd Yunus, Saidatolakma
title Purification of non-halal income in Malaysian Islamic banks: an overview = Penyucian pendapatan tidak-Halal di bank-bank Islam Malaysia: satu tinjauan
title_short Purification of non-halal income in Malaysian Islamic banks: an overview = Penyucian pendapatan tidak-Halal di bank-bank Islam Malaysia: satu tinjauan
title_full Purification of non-halal income in Malaysian Islamic banks: an overview = Penyucian pendapatan tidak-Halal di bank-bank Islam Malaysia: satu tinjauan
title_fullStr Purification of non-halal income in Malaysian Islamic banks: an overview = Penyucian pendapatan tidak-Halal di bank-bank Islam Malaysia: satu tinjauan
title_full_unstemmed Purification of non-halal income in Malaysian Islamic banks: an overview = Penyucian pendapatan tidak-Halal di bank-bank Islam Malaysia: satu tinjauan
title_sort purification of non-halal income in malaysian islamic banks: an overview = penyucian pendapatan tidak-halal di bank-bank islam malaysia: satu tinjauan
publisher IIUM Press, International Islamic University Malaysia
publishDate 2017
url http://irep.iium.edu.my/60682/
http://irep.iium.edu.my/60682/
http://irep.iium.edu.my/60682/1/60682_Purification%20of%20non-halal%20income.pdf
first_indexed 2023-09-18T21:26:01Z
last_indexed 2023-09-18T21:26:01Z
_version_ 1777412197029249024

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